First Gen Energy Solutions Inc. (FGES) is a wholly owned subsidiary of First Gen Corporation (First Gen), the Philippines’ leading clean and renewable energy company with an installed capacity of 3,668.19 megawatts in its portfolio of 32 power plants. These power plants mainly rely on low-carbon and renewable sources of energy, such as natural gas, geothermal,hydro, wind and solar.
Being one of the country’s largest independent power producers, First Gen saw the need to incorporate FGES in 2006 as part of First Gen’s preparation for the Wholesale Aggregation, as well as Retail Competition and Open Access. Wholesale Aggregation enables suppliers to match customer needs with an aggregated power generation portfolio. Through Retail Competition and Open Access, customers have the opportunity to choose a supplier that can deliver the greatest business value. Under an Open Access regime, First Gen envisions FGES as a vehicle to help expand the customer base and the market segments that First Gen serves.
FGES positions itself as the supplier of choice by understanding the customer’s business needs and developing innovative solutions that offer added value, which transcends the traditional power supply contract. These solutions include products designed to help a customer consume electricity more efficiently.
While First Gen backs up FGES’ supply options, FGES intends to actively source and aggregate supply from other generation companies that provide value by matching the demand requirements of its customers and supply portfolio.
FGES is also a registered participant in the Wholesale Energy Spot Market (WESM). FGES’s experience and market expertise allow FGES to structure innovative power supply contracts that maximize customer benefits through an optimum trading strategy.
Contract info:
Email Address: energysolutions@firstgen.com.ph
Office Number: (02) 449 6400
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